MUFG with two causes for the yen rise … and a phrase of warning

A notice from MUFG on the stronger yen this week.

• says JPY has risen resulting from safe-haven demand and hypothesis that the Financial institution of Japan may increase rates of interest at its December (18 – 19) assembly

MUFG with a cause to be cautious:

• “Tariffs on Japan imports to the US stay a threat and better U.S. yields will restrict USD/JPY draw back strikes”

General for JPY, MUFG says the foreign money ought to out carry out different (non USD) G10 FX, particularly pon BOJ fee hike prospects.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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